Sonoco Products Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.52B | $5.31B | $5.44B | $5.86B | $5.72B | $5.35B | $5.50B | $5.53B |
| Cost of Revenue | $5.94B | $4.17B | $4.24B | $4.63B | $4.53B | $4.19B | $4.32B | $4.35B |
| Gross Profit | $1.57B | $1.14B | $1.20B | $1.23B | $1.06B | $1.05B | $1.06B | $1.04B |
| Gross Margin | 20.9% | 21.5% | 22.1% | 20.9% | 18.6% | 19.6% | 19.2% | 18.8% |
| Operating Expenses | ||||||||
| Research & Development | $21.5M | $23.0M | $23.9M | $23.1M | $24.1M | $22.0M | $23.3M | $23.2M |
| SG&A Expense | $862.2M | $723.8M | $644.5M | $609.6M | $558.2M | $528.4M | $530.9M | $563.3M |
| Operating Income | $1.02B | $326.6M | $589.0M | $563.4M | $486.9M | $357.8M | $467.1M | $437.6M |
| Operating Margin | 13.5% | 6.2% | 10.8% | 9.6% | 8.5% | 6.7% | 8.5% | 7.9% |
| Interest Expense | — | — | $136.7M | $101.7M | $64.0M | $75.0M | $66.8M | $63.1M |
| Pretax Income | $765.1M | $63.5M | $489.0M | $459.9M | $-161.0M | $255.6M | $380.8M | $378.5M |
| Income Tax Expense | $183.6M | $5.5M | $119.7M | $95.7M | $-67.4M | $53.0M | $93.3M | $75.0M |
| Net Income | $1.00B | $163.9M | $475.0M | $466.4M | $-85.5M | $207.5M | $291.8M | $313.6M |
| Net Margin | 13.3% | 3.1% | 8.7% | 8.0% | -1.5% | 3.9% | 5.3% | 5.7% |
| EPS (Basic) | $10.12 | $1.66 | $4.83 | $4.76 | $-0.86 | $2.06 | $2.90 | $3.12 |
| EPS (Diluted) | $10.07 | $1.65 | $4.80 | $4.72 | $-0.86 | $2.05 | $2.88 | $3.10 |
| Shares Outstanding (Basic) | 99.1M | 98.6M | 98.3M | 98.0M | 99.6M | 100.9M | 100.7M | 100.5M |
| Shares Outstanding (Diluted) | 99.6M | 99.3M | 98.9M | 98.7M | 99.6M | 101.2M | 101.2M | 101.0M |
| Dividends Per Share | $2.11 | $2.07 | $2.02 | $1.92 | $1.80 | $1.72 | $1.70 | $1.62 |